Meredith Whitney's at it again. The controversial analyst is now predicting a 'waterfall' of muni downgrades which will trigger a massive sell-off by insurers. If she's right, investors may be able to pick up some bargains in the process.
DC plan makes decisions for plan participants, nags them when they're not saving enough; Nobel laureate Merton one of the designers
Some employees in top bracket could face 15% reduction in account balances; lower-paid likely down 10%
Neuberger Berman minds client relationships with newly hired trio of defined-contribution wholesalers; asset gathering to come.
If so, auto-enrollment plans make a lot of sense
Some claim they'll abandon the business if they're required to act as fiduciaries to retirement accounts, 401(k)s
New study reveals savers not saving enough -- and asset allocators not allocating assets enough
Two leaders of a group of senators trying to convert last year's presidential deficit commission recommendations into legislation plan to take a hard look at eliminating tax breaks which cost a total of $1.1 trillion annually.
The Treasury Department's calculation of revenues that are lost to tax-deferred retirement plans is flat out wrong, says an acturial group. They may be on to something.
With the Bush tax cuts extended for another two years, the status remains quo on major — and imminent — potential changes in tax law, right?
But these three fund firms would likely take the biggest hit under current proposal
Tuition at Leysin American School in the Swiss Alps is $72K a year, but at least the skiing's good
Ten months after the death of its former chief executive, wealth management firm Rockefeller Financial today hired Reuben Jeffery III, a former government official and Goldman Sachs' executive, as its chief executive.
Muni bond transparency isn't very transparent. Indeed, making sense of muni bond funds can be an exercise in frustration. Now, a new rating system may clear things up a bit.
Products are 'difficult to assess,' commission-based distribution seen as a problem
Home prices in the second quarter fell nearly six percent from the previous year. That's bad news for clients looking to sell right now.
Homeownership rate now below 60%; opportunity for real estate investors?
New York tops the list, according to latest data; average cost up, Dodd-Frank blamed
'Mr. Jeter deserved it,' said Christian Lopez, who snagged Yankees' 3,000 hit; a valuable piece of baseball history
